Laserfiche WebLink
Redevelopment Agency <br />Agency Name: of the City of Redwood City Project Area Name: Project No. 2 <br /> <br /> Project Area Housin~ Fund Revenues and Other Sources <br /> <br /> 3. Report all revenues and other sources o£ funds from this project area wkich accrued to the Housing Fund over the reporting <br /> year. Any income related to agency-assisted housing located outside 'due project area(s) should bc reported as "Other <br /> Revenue" on Line 3j. (of this Schedule A), if this project area is named as beneficiary in the attthorizinu resolution. Any <br /> other revenue sources not reported on lines 3a_-3i., should also be reported on Line 3j. <br /> <br /> Enter on Line 3a(l ) the full 100% of gross Tax Increment allocated prior to applicable pass through of funds and deductions <br /> for t~es (refer to Sections 33401, 33446, & 33676). Compute 20% of gross Tax Increment and enter the amount on Line <br /> 3a(2). Next, report the amount of Tax Increment set-aside before any exemption and/or deferral (if amount sel-aside is less <br /> than 20%, explain the difference), lfany amount of Tax Increment was exempted or deferred, in addition to comnleting <br /> lines 3a[4~ and/or 3a(51. comn[ete Line 4 and/or Line 5. To determine the amount ofTax lncremem deposited to the <br /> Housing Fund [Line 3a(6)], subtract allowable amounts exempted II/me 3a(4)] or deferred [Line 3a(5)] fi.om the actual <br /> amount allocated to the Housing Fund [Line 3a(3)]. <br /> <br /> a. Tax Increment: <br /> (1 ~ 100% of Gross Allocation: $ 5,483,321-- <br /> <br /> (21 Required 20'% Housing Fund set-aside (Line 3a(1) x 20%): $ 1,096,664 <br /> (3) Actual amount allocated to Housing Fund $ 1 ~ 7 20 ~ 736 * <br /> · If less than 20% of the Gross Tax Increment (see 3a(2) above) is being <br /> set-aside in this project area in accordance with Section 33334.30), identify <br /> the project area(s) contributing the difference. Explain any other reason(s): <br /> <br /> (4) Amount Exempted [Health & Safety Code Section 33334.2] <br /> (if there is an amount exempted, also complete question #4, next page): ($ ) <br /> (5) Panount Deferred [Health & Safety Code Section 33334.6] <br /> (if there is an amount deferre& also complete question #5, next page): ($ ) <br /> <br /> (6) Total deposit to the Housing Fund [result of Line 3a(3) through 3a(5)]: $ 1 <br /> b. Interest Income: $ 188,1/1.8 <br /> c. Rental/Lease Income (combine amounts separately reported to the SCO): $ <br /> d. Sale of Real Estate: $ <br /> e. Grants (combine amounts separately reported to the SCO): $ <br /> f. Bond Administrative Fees: $ <br /> g. Deferral Repayments (also complete Line 5c(2) on the next page): $ <br /> h. Loan Repayments: $ <br /> i. Debt Proceeds: $ <br /> j. Other Revenue(s) [Explain and identify amount(s)]: <br /> <br /> Increase in Fair Value of Inv. $ 185,998 <br /> Operating Transfer In $ 700,000 <br /> $ $ 885,998 <br /> k. Total [lousing Fund Deposits for tl-ds Project Area (a~d lines 3a(6). tlu:ough 3j 3: $ 2,794,882 <br /> <br />Calilbmia Rcdcx clopmcn! AgcncJes - Fiscal Year 2000-2001 I tCD-A <br />Sch A [7/110l) Page 2 of 6 <br /> <br /> <br />